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Rightmove (LON:RMV) Given "Underweight" Rating at JPMorgan Chase & Co.

Rightmove logo with Communication Services background

Rightmove (LON:RMV - Get Free Report)'s stock had its "underweight" rating reiterated by equities researchers at JPMorgan Chase & Co. in a research note issued to investors on Thursday, MarketBeat Ratings reports.

A number of other research analysts have also recently issued reports on RMV. Berenberg Bank reaffirmed a "buy" rating and issued a GBX 775 ($9.85) price target on shares of Rightmove in a report on Friday, November 8th. Shore Capital reiterated a "buy" rating on shares of Rightmove in a research report on Friday, November 8th.

Read Our Latest Stock Analysis on RMV

Rightmove Stock Up 0.5 %

Shares of RMV stock traded up GBX 3.40 ($0.04) during trading hours on Thursday, reaching GBX 665.20 ($8.45). 2,848,535 shares of the company's stock were exchanged, compared to its average volume of 3,737,738. The stock's 50 day moving average is GBX 628.21 and its 200-day moving average is GBX 588.47. Rightmove has a fifty-two week low of GBX 499.20 ($6.34) and a fifty-two week high of GBX 710 ($9.02). The company has a market cap of £5.23 billion, a price-to-earnings ratio of 2,655.20, a P/E/G ratio of 2.58 and a beta of 1.05. The company has a current ratio of 1.83, a quick ratio of 2.55 and a debt-to-equity ratio of 10.15.

About Rightmove

(Get Free Report)

Rightmove plc, together with its subsidiaries, operates online digital property advertising and information portals in the United Kingdom and internationally. The company operates through Agency, New Homes, and Other segments. The Agency segment provides property resale and letting advertising services on its platforms.

Further Reading

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